I think you should be more in control of the leasing process = more money in your pockets for the long run (you choose the tenant) and less time you have to spend on this3.

I don't know about your specific question, but something to be aware of is rent control in LA.

Considering I've built an entire RFID based training system for LEO, military, and rec (paintball, airsoft) think forte night or PUBG with paintball guns instead of a controller.

I love Software Development but working for a job that controls my time and money was something I did not want to do in the long run.

The tenant has young autistic twin boys, who are very hard to control. 

Fortunately, I was in touch with all subs so  we changed where I took control of paying subs directly and paying In his presence and ultimately taking over general contracting and telling subs to finish the job and wait for payment till I get my draws from bank (blame it on bank).  

I like to have more control over my investment 

I've fixed pretty much everything unless it was over my skill set (replacing capacitor on A/C system, for instance; landlord told me when I moved in it was okay to repaint or whatever as long as it improved the house), my neighbors love me - they've told him so; I've resodded the yard twice (FL grass sucks with a dog), had the landscape crew redo the trees in front so they look good, replanted flower beds (perennials), power washed the house every year after wet season ended, ensured the pest control worked...The BUT part ...As a sole practioning consultant (pre-IPO weakness remediation, large financial systems implementations, global audit recommendations for SEC registrants, etc.) at times during the last 3 years things have been sink or sink lower credit wise and the ID theft didn't help (apparently, I bought a car in GA and own some property in TX).

There's similar codes everywhere similar for the control of rooming houses.

It’s a “creatively” put lease option where I control the property and I pay the seller a percentage of the rents I collect untill I’m ready to purchase the property as a down payment torwards the purchase price ( it’s a year long option to buy) currently I’m renovating the property and getting it ready to rent.